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<br /> �wy�noutK nu�y ac,lnt�Y�r bo reqtUrAd�at tha aption uf l.cndrr.it nwn�ayo inxuranre soven��c(f����f t�k����
<br /> --- ----- tFu�l�nder requlreA)provldnd by�i�In�urer�iprovod hy�.crulcr u�ab�hccu�►us avuiluglo ui�d id�ibtalnod:Elarruvrrr Mh:il {�y
<br /> tl�prcmlum��quln�t�nuintMin m�irt��ye in,EUrance in effne,�r ta pcovido w luse re�ervo, unRll the rec�ufrement for r►x►�9�� ,
<br /> �inM+nnca rncl�In�+rd�ncv�w�th iuty writtan ajroement betwan 8nrt��wrr�nd l.ondar ur�ppllc�ble l�w.
<br /> � 9. Inrp�ilon. 4c��det or Itti a�ent rn�y mAke cauntu�blo cntrle�upon�nd ine{�ec�lnn� of the Pn�rty. Lemler ah�li�Ive
<br /> , Qarrow�r notice at the time olar prlor to an inepectian speclfyina re�on�bin cauu�for the inspe4.Klaci.
<br /> 10. Condemnatiun. Tho pracade AP xny�ward or clatm for dan�egen� dinect or rnnaequenQ�l� fn connoction with �ny
<br /> ----- � wrnlemnatlun ar ather takinR ai w►y pxtt of tf�e Propetty.or for convoyanro in tieu of anK4emnattan,�ro hcre�►y�orsl�oe�1�d '�-
<br /> shell be paid!o I.ender.
<br />:t In the event of a totel taking af tho Property.tho procads sitalt be applied w tha sums eocuced by thie Sxurity Pnatcament�
<br />=:r ! wheth.cr or not then due. with any excesa paid to Bonower. In the avent of a parti�l taking of the Property 1n whtch tha fdr
<br /> a� market value of the Property inunedistcly beforo the teking is equal to or greatcr than the amonnt of tha sums eecurod by this
<br /> �:` Security Instn�ment Imtnediately beforo the wking.uNess Horrower and L.endcr otherwISe ag�ea fn wrlting.the sums securod by
<br />-=� . this Securlty Insuument shell be reduced by tha umount of the proceeds muttiplied by the foltow[ng fraction: (a) tha total
<br />;.' amount of We sums secured immediately befoi+e the taking.divided by(b)tho fair�uarket vdue of the Propetty imrnediately
<br />-. befora the taking. Any balanoe ahalt be paid to Borrowar. In the event af a partiel taking of tha Ptoperty in which the feir
<br /> ' market value of the Properly lmmediutely before the taking is less than the amaunt of the sumg secured lmmediately before th4
<br /> taking.unless Bonower and Lender otherwise agcee In wrlting or unless applicable law athetwise provtdes.the proceeds shall
<br /> , be applied to the sums secured by this Securlty Inatrument whether or not the sums are then due.
<br /> If the Praperty�is ahandoned by Borrower.or if.after notice by I.ender tu Borrower thattha condemnor offers to make an _ _
<br /> - - .-:x�- awar3 ar sctilc a cia3m far dasnag�.Borrower fsils to s�poad to Lender�r}thln 30 days @RE'�fI1P.(�AtP.t�IP.RM�CB;A gIVCTIt
<br /> -,,n' •„�<."•. r<.; �nder iF suthort2ed to collect and apply the proceeds.at its option.elther to restoration or repeir af the Pruperty or to the xums _
<br /> �,,,;. .�.,. secured by this Security Instrument,whether or not then due.
<br /> 'f'«�i'�f'•�`+��`i+c�?4°,.` Unless I.ender and Borrower otherwise agree in wdting, any applicatlon of proceeds to pdncipal ahall not extend or
<br /> ;�;'„ti`•.:�...,. ..:
<br /> � ' ���,::�`' postpone the due date of the monthly payments referred to in paragraphs 1 and 2 or change the amount of such payments.
<br /> ',�`�f .�''� � 11.Borrower Not Releusedt Forbearance By I.ender Not a Waiver.Extension of the dme for payment or modification
<br /> ��=L �+'�'�.` � of amortization of the sums secure�i b tMs Securl Instrument rnnted b L.ender to an successor in Interest of Horrower shall R�:
<br /> ��,,l,c; . Y �Y � Y Y
<br /> ' � not operate to release the Nability of the or�ginal Borrower or Bonower's successors in interest. Lender shall not be requfred to `
<br /> ' � commence proceedings a�a�nst any�uccessor in interest ar refuse to extend time for payment or otherwise modify amottization s�
<br /> .. of the �snms secured by this Security Instrument by reason of any demnnd made by the original Bonower or Borrower's
<br /> '. _ . _', : '._ successors in interest. Any farbearance by Lender in exercistng uny right or remedy shall not be a waiver af ar preclude the ----
<br />— - :—
<br /> , �, � ., exercise of any right or temedy. W�
<br /> 12. Succes.gora and Assigns Bound; Joint and Several Liabtlity; Casigacrs. The covenants and a�reements of this
<br /> . , Securiry Iustrument shaU bind and benefit the successors ar►d assigna of Lender and Borrower, subJect to the provisions of ---
<br /> - paragrnph 17. Borrower's wvenants and agreements shall be jo�nt and several. Any Borrower who co•signs this Securlty _
<br /> Instrument but does not execute the Nate: (u) !s co•signing thts Security Instrument only ta mortgage, grant and convey that —"-
<br /> �• � Barrower's interest in the Property under the terms of this Security Instrument;(b)is not personWly obligatecl ro pay die sums -=-
<br /> securaf by this Security Instrumenr and(c)ngreeti that[.ender and nny other Horrawer may agree to extend,modify,forbear or W��
<br /> ° mnke uny uccommodations with regard to the terms of this Security Instrument or the Note without thut Borrawer's consent. ��;
<br /> 13.I.aan Charges. If thc loan secured by thi�Security Instrument iti subject ta a law which sets maximum loan charges.
<br /> and that luw is finelly interprcted tin thut thc intcrest or other laun charges collected or to bc collected in cannection with the
<br /> ^ toan exreed the permitted limitti,then: (u>uny .urh lonn char�e�huil be reciuced by the amount necessary to reduce the charge
<br /> , � to the permitted limit; und (b) any suntn ulrcudy rollrcteJ frc�m Born�wer which exceeded pennitted lin�its wil! be refunded to
<br /> Harrower. l.ender may chcxi+e to make thi. rcfund by reducing the principul owai under the Note or by making n direct
<br /> payment to Bonower. If u refund r�•ciures principal, thc rcduction will be treutcci us a partini prepayment without any
<br /> .... pm�+nyment chnr�±e under thc Nate. _ _
<br /> ' � ' 14.Notic�c.Any nc�ttcc tu Borrowcr pruvid��l firr in thi,Scrurity lmtrument tihull bc�iven by dclivering it or by mailing ,
<br /> it by first clu.r•s maii unlesx applicable law•rcyuires use of another meth�xi. The natice�haU hedirected to the Property Address ".
<br /> or any othcr addrcsx Bc�rrower dctiignatcs by noticc to I.rndcr. Any noticc to I.r.ndcr �hall bc givcn by first cluss mail to
<br /> Lender's nddress xtatcd hcrcin c�r any othcr aJdrr�+ Lcndcr dcsi�natcs by n��ticr tu &irrc>wcr. Any notice provided for in this
<br /> Security Imtrument shull be decmed to huvc becn�;ivrn t��B�+rruwcr ur I.cnder whcn givcn u�providecl in this para�raph.
<br /> . •� , 15.GoverninR I.nw; 5everubilit�•. Thi. Seruriry Inxtrumcnt shull hc �ovemeJ hy fedentl lu�v und die law of thc
<br /> jurisdiction in which the Pmperty is IcxuteJ. In thr event thut any pru�-i.ion ar clau.r uf thi�Serurity lnstrument or the Note `;
<br /> c�nflicts with�pplicublc law,such conflict sh•rll nut xffcrt other prci��itiiuns of this 5crurity In�trumcnt or thc Nntc wt�ich can bc :,
<br /> given effcct without the ronflirting pruvisiim. T��thi,end the provisium of this Security Intiirumcnt und the Nntc are dcclarcd
<br /> � to bc sevcruble.
<br /> ' l6.Bnrroa•er's C<►py.Ikirmwr.r.hull hr gi�•en onc runti�rnuJ rup�•ot'thc iVutc unJ uf thia S�tiurity instrument.
<br /> Form 3028 9180
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